- Get Paid What You’re Worth and Spend Less Than You Earn.
Okay but what am I worth? First, I think you are priceless but I’m not hiring you. One of the hardest things to do when determining your worth is gauging the value of your experience. I’ve seen it many times as a former manager, people with great educations and no experience over price themselves, people with great experience and average education under price.
So, a few tips for you when determining your worth in the workforce.
- Research your field: There are many, many websites that aggregate pay for specific professions. These will help you get a general idea of what type of pay you can command.
- The cost of living where you work, might be different then where you live: If you live in the city and are working in the burbs, chances are your pay isn’t commensurate with the cost of living you are experiencing.
- Experience, and specific targeted experience, increases your value: If you are an RN with a lot of Phlebotomy experience and you are going for a pediatric position, your experience won’t be as valuable. TLDR: Stay in your lane if you want to maximize your earning potential.
- You must gauge their demand: Has this job been open for a while? Do they seem “desperate”? that affects your value tremendously.
Being in the workforce is a bastion of anxiety for all sorts of reasons but feeling like you’re not getting paid what you are worth is horrible. It’s up to you to determine your value, taking a job just to have a job is okay but you won’t be happy. Remember this is a financial transaction and you must remove yourself personally (as best you can) from the transaction.
They want to pay you the least amount possible for the most work, you want to work the least amount as possible for the most pay. The answer is always somewhere in the middle but take the time BEFORE you get the offer to determine how much you are willing to work for.
If you know going in that you will not do this job for any less than 60K a year, you’re in control of your worth. So many times, we leave it up to the company to “make an offer” then we are in reaction mode. Take some time before hand to determine what the job should be paying, and this will help relieve a lot of anxiety.
Remember many of us work for money to do the things we love to do outside of work. A precious few of us get to work at something we really love. If you are the later, I cant help you as you’ve nailed it already. If you are the former, take the time to formulate a value for your work before getting into a serious job search. This is going to help you straight out of the gate with the new job anxiety, you will be working for a wage you determined was fair.
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“Remember many of us work for money to do the things we love to do outside of work. A precious few of us get to work at something we really love.” Great advice about removing yourself personally – to look at it as a transaction.
It’s seriously one of the hardest things to do when working due to the time spent and cultural norms. If you can do it, you will make way more money. There is this notion that people should be happy doing what they do. And I suppose thats a noble goal. So few attain it, so I decided to look at it transactionally to make as much money as I could so I could afford to do other things I loved.